Declines continued as the second quarter came to an end. It was the fifth successive negative session for the DJIA; the NASDAQ and the S&P500 ran their string of daily losses to three. While prices rose somewhat when the market opened, at the end of the day the NASDAQ dropped -1.21 percent, the S&P500 -1.01 percent and the DJIA -.98 percent.
Todays pattern, of five negative days for the DJIA while the NASDAQ and the S&P500 fell, is only the third such occurrence in our data base that begins in 1950. It last appeared at the beginning of 2005.
Sorry to stop this post the computer just got stuck!
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